Biomass Terminals/depots For Solid Biomass Fuel (Biofuel) Production

Stacked woodlogs

By Nipun Jagtap on Unsplash

Biomass Terminals/depots For Solid Biomass Fuel (Biofuel) Production
Based on Sustainable Fuelwood Plantations (SFPs)
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Alternative Energy
Business Model Description

Invest in or project financing for solid biofuel processing terminals/ depots to produce quality assured biomass fuel (Chips, Pellets, Briquettes, Charcoal) by utilizing fuelwood, wood residues and waste agricultural biomass.

Expected Impact

Biomass Terminals to produce solid biofuels as indigenous, renewable, clean source of thermal energy to replace imported fossil fuels, particularly for MSMEs and rural sector

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
< USD 50 million
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Affordable and Clean Energy (SDG 7)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Responsible Consumption and Production (SDG 12)
Sector Sources
  • 1) Renewable Energy Resource Development Plan 2021-2026, www.energy.gov.lk/images/renewable-energy/renewable-energy-resource-development-plan-en.pdf 2) National Energy Policy and Strategies of Sri Lanka (August 2019), Ministry of Power, Energy and Business Development, Government of Sri Lanka. Web link: http://www.documents.gov.lk/files/egz/2019/8/2135-61_E.pdf " 3) ADB (July 2016), Sri Lanka: Gender Equality Diagnostic of Selected Sectors, Asian Development Bank (ADB) "4) WEF (April 2021), Fostering Effective Energy Transition 2021 edition, Insight Report, World Economic Forum (WEF). " 5) SLSEA (2021), Sri Lanka Energy Balance 2019, Sri Lanka Sustainable Energy Authority (SLSEA), http://www.energy.gov.lk/images/energy-balance/energy-balance-2019-lq.pdf 6) A. Wickramasinghe (2009), Gender and Energy in Sri Lanka: A Brief Analysis of the Situation. 7) UNDP (January 2018), Across the nation, Promoting sustainable biomass energy Production and Modern Bio-Energy Technologies. ISBN 978-955 1478-19-9 8) WHG Rice Mills Pvt Ltd, https://whgtissarice.com/ 9) Samprox International Pvt Ltd, https://connect2india.com/global/-SAMPROX-INTERNATIONAL-(PRIVATE)-LIMITED/105631251 10) National Environment Action Plan (NEAP) 2022-2030 (July 2022), Ministry Environment, Government of Sri Lanka, ISBN 978-624-5817-24-5, https://www.researchgate.net/publication/362118983_National_Environmental_Action_Plan_2022-2030_Pathway_to_sustainable_development_in_Sri_Lanka. 11) Department of Census and Statistics (November 2017), Economic Census 2013/14, Final Report on InformalNon Agricultural Activities, http://www.statistics.gov.lk/Industry/StaticalInformation/OtherTablesReports/EconomicCensus2013-14-FinalReportInformalNonAgriculturalActivities.
IOA Sources
  • 12) J.S. Tumuluru, C.T. Wright, K.L. Kenney, and J.R. Hess. 2011. “A review on biomass densification technologies to develop uniform feedstock commodities for bioenergy application,” Biofuels, Bioproducts & Biorefining (BioFPR), Vol. 5, pp. 683–707, 2011. 13) PUCSL, Tariff Decision (Non-Domestic Categories) effective from 15th November 2014, Industrail Consumers, https://www.pucsl.gov.lk/wp-content/uploads/2019/02/Non-Domestic-Annexure.pdf 14) P.G. Joseph (January 2011), Market and Economic Study of the Biomass Energy Sector in Sri Lanka, United Nations Industrial Development Organization (UNIDO), http://lankaboo.lk/wp-content/uploads/2016/11/Consultant_Report_Market-and-Economic-Study-of-the-Biomass-Energy-Sector-in-Sri-Lanka_2012_Joseph.pdf 15) UNDP (2013), Promoting Sustainable Biomass Energy Production and Modern Bio-Energy Technologies. GEF Project Document, https://info.undp.org/docs/pdc/Documents/LKA/GEF-Biomass%20Energy%20(FSP)%20PIMS%204226%20SRL%20Biomass%20ProDoc%20draft%20for%20signature%20March%2028%202013.pdf 16) N. Musafer, Biomass energy policy perspectives of Sri Lanka: A review, International Journal of Scientific and Research Publications, Volume 10, Issue 12, pp. 674-681, December 2020, ISSN 2250-3153 17) PISCES (June 2009), Policies and Regulations Affecting Biomass-Related Energy Sector Development in Sri Lanka, PISCES Policy Brief No. 3, 18) UNDP (October 2018), Model Fuelwood Plantations for Sustainable Energy Supply and Livelihood Development, ISBN 978-955-1476-24-3, file:///C:/Users/HP/Downloads/UNDPLKA_Biomass-Phase-I-Fuelwood-Plantation.pdf 19) GoSL (September 2021), Updated Nationally Determined Contributions (NDCs), Government of Sri Lanka (GoSL), https://unfccc.int/sites/default/files/NDC/2022-06/Amendmend%20to%20the%20Updated%20Nationally%20Determined%20Contributions%20of%20Sri%20Lanka.pdf 20) Practical Action Consulting (May 2010), Bioenergy in Sri Lanka: Resources, Applications and Initiatives, Working Paper, Prepared for Pisces, https://assets.publishing.service.gov.uk/media/57a08b12ed915d622c000aab/PISCES_Sri_Lanka_Bioenergy_Working_Paper.pdf 21) Jasinghe, A. (2022), A low-carbon industrial sector will pay dividends for Sri Lanka’s economy and the planet, 16.06.2022 Press and information team of the Delegation to Sri Lanka & Maldives, Opinion editorial, https://www.eeas.europa.eu/delegations/sri-lanka/low-carbon-industrial-sector-will-pay-dividends-sri-lanka%E2%80%99s-economy-and_en?s=238. 22) A. Ethirajan (January 2022), How the soaring cost of living is hitting Sri Lankans hard, BBC News, Colombo, https://www.bbc.com/news/business-59952980 23) M. Jayasinghe, E.A. Selvanathan, and S. Selvanathan (September 2021), Energy Poverty in Sri Lanka, Energy Economics, Volume 101, 105450. 24) UNIDO, Industrial Decarbonization Accelerator, Sri Lanka, https://www.industrialenergyaccelerator.org/where-we-work/sri-lanka/ 25) National Environment Action Plan (NEAP) 2022-2030 (July 2022), Ministry Environment, Government of Sri Lanka, ISBN 978-624-5817-24-5, https://www.researchgate.net/publication/362118983_National_Environmental_Action_Plan_2022-2030_Pathway_to_sustainable_development_in_Sri_Lanka. 26) FAO in Sri Lanka (August 2018), From Impoverished to Empowered. Sri Lankan Women Adopt Modern Biomass Technologies, https://www.fao.org/srilanka/news/detail-events/ru/c/1150398/ 27) IEA (2007), Good Practice Guidelines, Bioenergy Project Development & Biomass Supply, International Energy Agency (IEA), https://www.ieabioenergy.com/wp-content/uploads/2013/10/Good-Practice-Guideines-Bioenergy-Project-Development-and-Biomass-Supply.pdf "28) SDC (December, 2021), Sri Lanka: Status of SDG Indicators and Baseline Data, Sustainable Development Council of Sri Lanka (SDC), December 2021, " 29) Central Bank of Sri Lanka (August 2020), Economic & Social Statistics of Sri Lanka - 2020, https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/statistics/otherpub/ess_2020_e1.pdf. 30) Amerasekera, R.M. (2014), Case Study - Sri Lanka "Anagi" Improved Cookstoves Commercialisation,https://www.inforse.org/asia/pdf/Pub_srilanka_anagi_2014.pdf. 31) R. Mohideen (October, 2018), Energy Technology Innovation in South Asia -Implications for Gender Equality and Social Inclusion, ADB South Asia Working Paper Series No. 61, ISSN 2071-7202 (print), 2218-2675 (electronic), https://www.adb.org/sites/default/files/publication/463296/swp-061-energy-technology-innovation-south-asia.pdf 32) IRENA (June 2013), Statistical issues: bioenergy and distributed renewable energy, International Renewable Energy Agency (IRENA), https://www.irena.org/publications/2013/Jun/Statistical-Issues-Bioenergy-and-Distributed-Renewable-Energy 33) GoSL (2003), The National Climate Change Policy of Sri Lanka, Ministry of Environment and Natural Resources, The Government of Sri Lanka (GoSL), http://www.climatechange.lk/CCS%20Policy/Climate_Change_Policy_English.pdf 34) GoSL (2003), The National Climate Change Policy of Sri Lanka, Ministry of Environment and Natural Resources, The Government of Sri Lanka (GoSL), http://www.climatechange.lk/CCS%20Policy/Climate_Change_Policy_English.pdf 35) National Forestry Policy 1995, http://env.gov.lk/web/images/downloads/policies/national_forest_policy_of_sri_lanka.pdf 36) GoSL (2008), National Environmental (Protection and Quality) Regulations, No. 1 of 2008, Ministry of Environment and Natural Resources, Government of Sri Lanka (GoSL), https://www.cea.lk/web/images/pdf/envprotection/G_1534_18.pdf 37) Sri Lanka Sustainable Energy Authority (SLSEA) Act No. 35 of 2007, http://www.energy.gov.lk/images/about-us/inception/2007-act-no-35-sri-lanka-sustainable-energy-authority-e.pdf 38) SLSI (2016), Sri Lanka Standard Specification for Principle, Criteria and Indicator for Sustainably Produced Fuelwood, SLS 1551: 2016, UDC 662.75, https://rise.esmap.org/data/files/library/sri-lanka/Renewable%20Energy/RE%2012.2%20Sri%20Lanka%20Standards%201551-2016.pdf 39) Forest (Amendment) Act, No. 65 of 2009, http://www.env.gov.lk/web/images/downloads/acts/forest_amendment_act_no_65_of_2009.pdf 40) CBSL (May 2022), Sri Lanka Green Finance Taxonomy, Central Bank of Sri Lanka (CBSL), https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/sl_green_finance_taxonomy.pdf 41) PART II of the First Schedule (Schedule of exemptions) to the Value Added Tax Act No. 14 of 2002 (and amendments thereof), November 2016 - http://www.ird.gov.lk/en/Lists/Latest%20News%20%20Notices/Attachments/92/Schedule%20of%20Goods%20or%20Services%20Exempted%20from%20VAT.pdf